could see this thing rip up to almost $0.24 from current price at $0.1578
just a glance any break above $0.1600 will push this up very quickly and then
slaughter it back down to a smaller digit.
however this has already had a massive push upwards we could see this drop at the $0.1600 resistance keep that in mind.
maybe just set up buy above that level and cash...
Wait for daily candle to close above and break current channel - channel breakout coming.
and targets mentioned in horizontal lines.
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$ASM looks like it's setting up for a fall lower. I think we're likely to see price fall to the lower supports from here ($.018-$.036) before bouncing back to $.14 later in the summer.
Be careful from here, and if you're bullish, set tight stops.
I think this will be a great trade once it hits the bottom supports for ~7x gain.
$ASM has just completed a downtrend by breaking out of this pattern and retesting it.
Next stop, $.-15-.$18 to retest resistance.
Let's see how it plays out over the coming weeks/month
ASM been taking a drop for a while now. The reason why this coin have potential is because it's been holding resistants for a few months at .04 cent. ASM have a low market cap and only 1.5billion coins. Its a faster mover then BTC. Few days ago it just broke higher high and moving uptrend. We may say this coin hit .30 and possible $1 this year.
In my last analysis, I showed the path for how we could get to $.20, however, I've since changed my view that we'll go higher from here and am expecting lower prices before we get up there.
I had initially thought that BTC would bounce higher from here, thus thinking that $ASM would bounce with it, however, now my base case is that BTC will fall from here, and...
Rode the initial leg up last week from $.16-.24. Now after consolidating for the past few days, $ASM looks like it wants to make a run at it's final target of $.29-$.35.
As you can see on the chart, a flag has formed inside of a larger flag and we seem to be testing this $.193-.194 region as support. If the support can hold here, and we break through $.22 on the...
ASM Assemble Protocol was recently listed on Coinbase, has a market cap of only $67Mil and it is forming higher highs and higher lows on the 1h timeframe, which is extremely bullish it it keeps the trend.
It has a strong daily volume, $38Mil.
The all time high was $0.645, so almost 7X from here.
Projects listed on Coinbase tend to retest their all time high...
